Can Bitcoin End World Poverty?

[reymartH]

They will not solve all of the problems of the world and the underprivileged in one fell swoop. Instead, we need to view them more as tools that can be used to help developing world countries with the right planning and intentions. There are many ways that cryptocurrencies can help our world, with reduced remittance fees, greater access to banking, combating inflation and fighting corruption just being some of them.

[simpleholmes]

The world wouldn`t need a new technology to end poverty just less greed. In my opinion we have enough resources so btc would be just a new way if we really wanted to end it.

[matthewogus01]

Don't think of Bitcoin as a solution to everything since there are more drivers of economic and financial well-being other than a cryptocurrency.

[expert4knowledge]

It could help Venezuela fellows, if only they would take time to trade instead of working for 25 bucks a month

[Mariela]

Hopefully yes..
Poverty is the primary majority problem of countries ..
If bitcoin is the only way to reduce poverty..then we should teach and encourage all people to invest and to use it.

[Wewe Gombel]

It takes a long process and time to overcome poverty, because the main problem of poverty is on human resources, they are not concerned with the situation and feel comfortable with their poverty.

[Melit02]

Yes, it can because it can give you money if you only have knowledge about the internet. Poverty is very popular here in my country so Bitcoin can help them.

[shaheer001]

Bitcoin is a gift from GOD and hope in near future it will hold all the economy if the world don't push it back as many countries like CHINA don't want it so hope it will do the best for poverty and the third generation countries can take advantages from Bitcoin investment.

[TERA2]

Bitcoin is only ending poverty for tech people and amateur traders or moving them from the middle class to the upper class. The idea that it's helping starving kids in Africa is a myth.

[ELEL_ELEL]

For me i think so.. 


http://www.forbes.com/sites/steveforbes/2015/04/02/how-bitcoin-will-end-world-poverty/

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There's a big possibility that bitcoin can end world poverty because everybody's welcome in bitcoin world that gives income and work. Bitcoin helps people to give income, and that's the world need to have income for the people so that in prevent poverty to all countries.

[douhancan58]

Bitcoin is not yet an effective solution to world poverty. Today's price is too high. For the average person, it is difficult to make or even buy, let alone the poor people. This is just an investment, not a change to the poor wand.

[Skuylaruy]

For me i think so.. 


http://www.forbes.com/sites/steveforbes/2015/04/02/how-bitcoin-will-end-world-poverty/

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. No! Nothing compare to diligent hand...work with your hand upgrade your skill and apply it to your life..

[GideonGono]

For me no! Because bitcoins and cryptos are difficult to understand especially for people who are limited to accessing the internet. So even if you know bitcoins if you do not study it well it will not give you the desired comfort in life. So it is important to study it well and learn what to know. To the comfort you desire you can achieve.

[Kuya Kim]

For me i think so.. 


http://www.forbes.com/sites/steveforbes/2015/04/02/how-bitcoin-will-end-world-poverty/

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I think bitcoin will only be capable of reducing poverty in the world since it is not yet legalized worldwide. There is a large possibility that it would end world poverty if ever it is already legalized worldwide. Although there is a large possibility, there would still be hindrances in it. We can't be sure that everyone will use bitcoin that's why some will not be able to escape poverty.

[Ravenangel]

Well, why not, if it can help the world to end poverty then the better.

[Pattart]

It takes a long process and time to overcome poverty, because the main problem of poverty is on human resources, they are not concerned with the situation and feel comfortable with their poverty.

I think the problem of poverty is more complex than a human resource dude. every country has a varied poverty level and not all countries can end a poverty problem in their country. I think it's impossible for bitcoin to end poverty. because you know the problem of poverty in the world is not just a lack of employment right? but more complex than that..

[MoonHodler]

Blockchain would certainly make donations more transparent, so more people will feel comfortable donating to the right cause.

[Ramtapsbtc]

I think not because bitcoin and it's blockchain technology requires internet that third world countries does not have.

[sheryl26]

For me i think so.. 


http://www.forbes.com/sites/steveforbes/2015/04/02/how-bitcoin-will-end-world-poverty/

READ MORE:

It can be somehow because bitcoins can provide us money because by just simply buying bitcoins the value can either grow up or fall down so it can really end the world poverty if the people will pursue this thing.  Because there are some jobs in here that dp no discriminate because the identity is secured like in this forum no matter what you are no matter what you can do as long as you have an internet connection you can easily gain money in this but just like any things all have exemptions.

[dulce dd121990]

It would definitely take a lot  more than bitcoins to make it happen, due to the lack of education and accessibility for most.   

You have a point, some people cannot afford to education and never have the chance to succeed due to less opportunity. But bitcoin it offers a great opportunity to all even you don't have graduated or a degree as long as you can work and deal with the very simple tasks. In that reason the bitcoin is a key to anyone's success and Bitcoin can possible end the poverty of the world.